Genesco inc. reports fiscal 2023 third quarter results

--comps up 3% with every business posting gains-- --e-commerce sales almost 75% above pre-pandemic levels--  --gross margin better than expectations-- third quarter fiscal 2023 financial summary net sales of $604 million, an increase of 1% from last year and an increase of 12% over q3fy20 excluding the impact of lower exchange rates, net sales increased 4% for q3fy23 compared to q3fy22 comps were up 3% with every business posting gains e-commerce sales represented 18% of retail sales, flat to last year and increased from 11% of retail sales in q3fy20 gaap eps from continuing operations was $1.66 vs $2.26 last year and $1.31 in q3fy20 non-gaap eps from continuing operations was $1.65 1 vs. $2.36 last year and $1.33 in q3fy20 repurchased $20.8 million of stock during q3fy23, with $34.1 million remaining on the current authorization taking a more conservative approach for the fourth quarter with revised expectations for adjusted eps of $5.50 to $5.90 nashville, tenn.
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